News - page 269

Microsoft’s President Says AI Needs Human Control
Science & Technology

Microsoft’s President Says AI Needs Human Control

Microsoft President and Vice Chairman Brad Smith, while talking to the media, said that people should curb artificial intelligence, because it can become a weapon.

Google Reportedly Plans to Sell Maps Data
Science & Technology

Google Reportedly Plans to Sell Maps Data

The media reported that Google intends to license mapping data sets to companies that create products using renewable energy sources.

OpenAI Launches ChatGPT for Businesses
Science & Technology

OpenAI Launches ChatGPT for Businesses

OpenAI announced the launch of the corporate version of ChatGPT, within which additional functions and privacy guarantees are available to users.

Spain’s Deputy Central Bank Governor Suggests Tools to Mitigate Digital Euro’s Unintended Consequences
Blockchain & Crypto

Spain’s Deputy Central Bank Governor Suggests Tools to Mitigate Digital Euro’s Unintended Consequences

Deputy head of the Central Bank of Spain Margarita Delgado said that before making a final decision on the launch of the digital euro, the European Central Bank should analyze the potential impact of the virtual currency on the banking system of the eurozone.

Stellar to Help Businesses Deploy AI
Science & Technology

Stellar to Help Businesses Deploy AI

The Stellar company, which is based in Indianapolis, has officially declared its mission aimed at providing assistance to enterprises in achieving competitive advantages by introducing generative artificial intelligence, machine learning, and large language models into the structure of their activities.

Safaricom Launches Mobile Money Service in Ethiopia
Fintech & Ecommerce

Safaricom Launches Mobile Money Service in Ethiopia

Kenyan telecommunications company Safaricom has launched its M-Pesa mobile payment service in Ethiopia.

HDFC Bank and Marriott Bonvoy Launch Travel Card
Fintech & Ecommerce

HDFC Bank and Marriott Bonvoy Launch Travel Card

Indian HDFC Bank announced the beginning of cooperation with Marriott Bonvoy, the Marriott International travel program, in order to launch a co-branded hotel credit card.

SoftBank Plans Its Indian Startup Founders Trip to Silicon Valley
Science & Technology

SoftBank Plans Its Indian Startup Founders Trip to Silicon Valley

SoftBank Group plans to send its Indian startup founders to Silicon Valley in September, where they will get acquainted with the specifics of the field of artificial intelligence and the features of advanced technology.

US Treasury and IRS Propose Crypto Tax Reporting Rules
Blockchain & Crypto

US Treasury and IRS Propose Crypto Tax Reporting Rules

The new crypto tax proposal from the US Treasury and IRS regulates the sale and exchange of digital assets by brokers, aiming “to close the tax gap, address the tax evasion risks posed by digital assets, and help ensure that everyone plays by the same set of rules.”

N26 Integrates iDEAL Online Payment Standard
Fintech & Ecommerce

N26 Integrates iDEAL Online Payment Standard

German online bank N26 enables the most popular online payment method in the Netherlands – iDEAL

QR Code Payments to Grow 590% in Southeast Asia by 2028: Research
Fintech & Ecommerce

QR Code Payments to Grow 590% in Southeast Asia by 2028: Research

A new study from Juniper Research has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.

Alibaba Cloud Launches New AI Models
Science & Technology

Alibaba Cloud Launches New AI Models

Alibaba Cloud has developed two open-source artificial intelligence models that are able to recognize information contained not only in text materials but also in images.

Morgan Stanley & Crowley to Advance Wind Energy Solutions in US
Science & Technology

Morgan Stanley & Crowley to Advance Wind Energy Solutions in US

The new joint venture will strategically combine Crowley’s end-to-end maritime and logistics capabilities with Morgan Stanley Investment Management expertise to promote offshore wind energy solutions for the US.

SEC Accuses Wells Fargo of Overcharging Nearly 11,000 Investment Accounts With Advisory Fees
Finance & Economics

SEC Accuses Wells Fargo of Overcharging Nearly 11,000 Investment Accounts With Advisory Fees

The Securities and Exchange Commission on Friday, August 25, reported that Wells Fargo has for many years used the practice of illegally overcharging almost 11,000 investment advisory accounts in the amount of about $27 million.

Reddit Launches Rewards Program for Moderators
Science & Technology

Reddit Launches Rewards Program for Moderators

Reddit announced the launch of a moderator assistance program.

Meta Shuts Down Messenger Lite
Science & Technology

Meta Shuts Down Messenger Lite

Meta has taken action to terminate Messenger Lite, an optimized configuration of Messenger with limited capabilities compared to the original version of the application.